Nvni Group Limited (NASDAQ:NVNIW) Short Interest Up 22.8% in April

Nvni Group Limited (NASDAQ:NVNIW) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 6,077 shares, a growth of 22.8% from the March 31st total of 4,949 shares. Based on an average daily trading volume, of 5,117 shares, the days-to-cover ratio is presently 1.2 days.

Nvni Group Stock Performance

NASDAQ NVNIW traded up $0.00 on Thursday, hitting $0.05. 5,400 shares of the company’s stock traded hands, compared to its average volume of 6,576. The firm’s 50-day moving average price is $0.04 and its two-hundred day moving average price is $0.06. Nvni Group has a 1-year low of $0.03 and a 1-year high of $0.16.

Nvni Group Company Profile

Nvni Group Limited provides a business to business SaaS platform that offers cloud solutions. The company was incorporated in 2019 and is based in São Paulo, Brazil.